Wednesday, December 17, 2008

Kern River Crude hits $25 bbl

The price of Kern River crude continues to tumble, hitting $25 bbl today.

I have heard of some oil service companies starting layoffs as they think the price will continue to decline.

How much lower will prices go? Anything under $20 per bbl and the shit starts to hit the fan.

1 comment:

Anonymous said...

DRILL HERE DRILL NOW!!!!!!!!!